NOT LISTED FOR SALE

646 Mount Vernon Rd Unit and 646 1/2 Newark, OH 43055

Estimated Value: $185,000 - $213,000

4 Beds
2 Baths
1,904 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $128,000 $67 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,304/month

8 Days on Market

About This Home

As of November 2020

Seller updated roof, siding, doors & windows. Tenant in unit 1 is vacating by end of November. Tenant 2 is on month to month. Currently rented for $550 each side but could easily be increased to market rates. 4 window air conditioner to stay. Range and fridge in both units to stay. Alley access to long driveway in rear, plenty of parking. This is a nice duplex or your could live in one side and earn rental income on other side.

Last Agent to Sell the Property

Donna Alexander-Murphy

Coldwell Banker Realty License #354808 Listed on: 11/02/2020

Coldwell Banker Realty

Last Buyer's Agent

Cara Young

Coldwell Banker Realty License #2011001658

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,155

Year Built

  • Built in 1955

Lot Details

  • 8,712

Parking

  • 2 Carport Spaces

Home Design

  • 1,904 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 054-281652-00.000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $584
  • Operating Expense $2,063
  • Gross Income $13,200
  • Net Operating Income $11,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,155

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1955
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Total Gross Income: 13200.0
  • Co List Office Phone: 740-366-3318
  • MLS Status: Closed
  • Income Expenses Gross Income: 13200.0
  • Annual Expenses: 2063.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1904.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Miscellaneous Survey: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Carports: Yes
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • General Property Info Carport Spaces2: 2.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: NEWARK CSD 4507 LIC CO.

Lot Info

  • Parcel Number: 054-281652-00.000

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 584.0
  • Net Operating Income: 11137.0
  • Annual Operating Expense: 2063.0

Tax Info

  • Tax Annual Amount: 1155.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2022
Sold by
Six Twenty Six Ltd
Bought by
Sunshine Housing Llc
Current Estimated Value
$199,991

Purchase Details

Listed on
Nov 2, 2020
Closed on
Nov 30, 2020
Sold by
Barber David O and Barber Deborah S
Bought by
Six Twenty Six Ltd
Seller's Agent
Donna Alexander-Murphy
Coldwell Banker Realty
Buyer's Agent
Cara Young
Coldwell Banker Realty
List Price
$134,500
Sold Price
$128,000
Premium/Discount to List
-$6,500
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Aug 17, 1998
Sold by
Myers Paul D
Bought by
Barber David O and Barber Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sunshine Housing Llc -- Baird Catherine J
Six Twenty Six Ltd $128,000 None Available
Barber David O $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barber David O $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $128,000 -4.8% $67 / Sq Ft
11/02/2020 11/02/20 For Sale $134,500 -- $71 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,974 $55,720 $10,360 $45,360
2023 $2,040 $55,720 $10,360 $45,360
2022 $1,309 $31,780 $7,210 $24,570
2021 $1,373 $31,780 $7,210 $24,570
2020 $1,404 $31,780 $7,210 $24,570
2019 $1,161 $25,280 $4,800 $20,480
2018 $1,162 $0 $0 $0
2017 $1,113 $0 $0 $0
2016 $1,260 $0 $0 $0
2015 $1,288 $0 $0 $0
2014 $1,606 $0 $0 $0
2013 $1,290 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Alexander-Murphy

    Seller's Agent in 2020

    Donna Alexander-Murphy

    Coldwell Banker Realty

    (740) 398-7773

    10 in this area

    16 Total Sales

    Donna Alexander-Murphy
    Section Image
  • Cara Young

    Buyer's Agent in 2020

    Cara Young

    Coldwell Banker Realty

    (614) 778-9145

    4 in this area

    27 Total Sales

    Cara Young
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220038794

Columbus and Central Ohio Regional MLS

APN: 054-281652-00.000

Ohio Licking County Newark 43055

646 Mount Vernon Rd Unit and 646 1/2, Newark, OH

This home is located at 646 Mount Vernon Rd Unit and 646 1/2, Newark, OH 43055 since 02 November 2020 and is currently estimated at $199,991, approximately $105 per square foot. This property was built in 1955. 646 Mount Vernon Rd Unit and 646 1/2 is a home located in Licking County with nearby schools including Hillview Elementary School, Heritage Middle School, and Newark High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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